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 Form 4 Business studies lessons and notes on international trade

Ways through which world bank assists developing countries

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Answer Text:
Ways through which world bank assists developing countries:
-providing finances to reduce budgetary deficits facing most of the developing countries.
-providing finance for capital development projects within the countries.
-provide finances to cover an adverse balance of payments.
-providing technical assistance to support economic development in developing countries.
-writing off debts facing the developing countries in order to stimulate economic development
-ensures that finances are put into good use by
promoting accountability and minimizing corruption
-providing advice on financial issues facing the developing countries.


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